UASC containers
© Jdanne | - Stack of Containers, Harbour of Khor Fakkan, United Arab Emirates

United Arab Shipping Company has announced concluding a bilateral facility worth $190m with Burgan Bank’s Corporate Banking Group to finance the acquisition of two 14,000 teu vessels from among UASC’s new building order of 17 vessels comprised of 11 14,000 teu vessels and six 18,000 teu vessels.